Paddy Hirsch is a Senior Editor at Marketplace. He is the author of the book Man vs Markets, Economics Explained, Pure and Simple, and he is the creator and host of Marketplace Whiteboard, a video explainer of financial and economic terms.

Hirsch joined Marketplace in 2007, just as the credit crunch that preceded the 2008 financial crisis began to take hold.  As editor of the New York Bureau and the entrepreneurship desk, he spearheaded Marketplace’s financial markets coverage throughout the crisis and as the economy fell into recession. He was awarded a Knight Fellowship at Stanford University in 2010, and he returned to Marketplace in July of 2011, when he was appointed Senior Producer of Marketplace Money. He published his first book, Man vs Markets, in August 2012.

Hirsch got his start in journalism with an internship at the BBC in Glasgow, Scotland. He became a field producer for CNBC in Hong Kong and later was a consultant to the Open Broadcast Network in Bosnia. He has been an editor for Direct Capital Markets, Institutional Investor Newsletters, Standard & Poor’s, and the Vietnam Economic Times. Prior to becoming a journalist, he served as an officer in the Royal Marines.

Hirsch attended Campbell College in Belfast and received a bachelor’s degree in French and International Studies from the University of Warwick. He is a Knight Fellow and was a Webby honoree in 2009.

 

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Features by Paddy Hirsch

Short back and sides

The debate over haircuts for debtholders has finally gone mainstream, thanks to David Leonhart over at the New York Times....

Many happy returns. Or not.

CNBC is still keeping an eye on America's favorite fraudster. Clusterstock wishes him Happy Birthday.

How much is that again?

If you've seen my Whiteboards, you'll know I'm a fan of anything that simplifies complex terms. I've been puzzling over the Obama administration's...

Hundred days

A lot of bits and bytes being expended on the first hundred days of the Obama adminstration this week. The BBC has a nice slideshow, the LA Times...

Live from Charlotte

Who says Twitter ain't cool? Rick Rothacker is tweeting (if I have that verb correct) from the Bank of America shareholders conference this morning...

Waiting for the Fed

Equity markets have started well, and consensus appears to be that investors are hoping for a sunny assessment of the state of the economy from the...

Morning reading

Hi, Paddy Hirsch here. Scott will be back next week, after a well-earned vacation....

Shadow banking: The primer

The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it's important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF.
Posted In: shadow banking

The public-private partnership

The U.S. Treasury Department plans to recruit private investors to take toxic assets off banks' balance sheets. Senior Editor Paddy Hirsch explains how the plan is supposed to work.
Posted In: U.S. Treasury

Collateral calls

Millions of Americans are wondering why AIG has paid so much taxpayer money to other banks. One reason is because AIG has had to honor "collateral calls" -- demands made by banks on the insurance contracts it's written. Senior Editor Paddy Hirsch explains,
Posted In: AIG, Banks

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